Saturday, September 19, 2026
Romania’s National Agency for Fiscal Administration (ANAF) has published two draft orders for public consultation, which update the registration and deregistration forms, along with the related instructions, for the national electronic invoicing system (RO eFactura), including Form 081 and Form 082. The proposed revisions reflect amendments introduced by Law No. 88 of 29 May 2026....
Poland’s Sejm (lower house of the parliament) has enacted the draft law of 17 July 2026, which introduces a comprehensive set of amendments to the Polish VAT Act (the Act of 11 March 2004), encompassing the new VAT warehousing regime, compliance simplifications, anti-abuse measures, and alignment with CJEU case law. The key changes introduced by...
The OECD has released the latest peer review results on preferential tax regimes under BEPS Action 5, incorporating new conclusions on 13 tax regimes reviewed during the Forum on Harmful Tax Practices (FHTP) meeting held in May 2026. The latest peer review results on preferential tax regimes highlight jurisdictions’ continued efforts to address harmful tax...
The US and Mexico will meet for a fourth negotiating round in early September 2026 to work through disagreements on revamping the 26-year-old North American trade agreement (USMCA). US Trade Representative (USTR) Jamieson Greer held talks this week with Mexican President Claudia Sheinbaum and Economy Minister Marcelo Ebrard, focusing on vehicles, steel, aluminium, labour standards,...
Belgium’s Council of Ministers approved a preliminary draft law amending the Value Added Tax Code on 18 July 2026, requiring companies to report invoice data electronically in near real time to tax authorities starting in 2028. The measure extends an existing e-invoicing mandate for domestic B2B transactions that took effect on 1 January 2026, moving...
Canada’s Prime Minister Mark Carney told provincial premiers on 23 July 2026 that Canada would retaliate against new US tariffs if negotiations fail. The announcement came days after US President Donald Trump imposed 50% duties on Canadian products, set to take effect on 19 August 2026. Carney ruled out nothing in his response, saying at...
Hungary’s government has submitted Draft Law T/387 to the parliament on 17 July 2026 to implement commitments under the Recovery and Resilience Facility (RRF) plan by August 31, 2026, alongside other government programs. This legislative document details a comprehensive tax reform proposal submitted by the Hungarian government in July 2026 to fulfil requirements for European...
The Chilean tax authority (SII) has released Letter Ruling No. 1801, dated 20 July 2026, in response to a taxpayer inquiry on whether the DEMPE analysis set out in Chapter VI of the OECD Transfer Pricing Guidelines is an appropriate method for determining the arm’s length value of intangibles under Article 64 of the Tax...
The United States Trade Representative (USTR) has announced on 23 July 2026 the final tariff measures following its Section 301 investigations into 60 countries and economies launched in March 2026 to determine whether foreign governments had taken adequate steps to prevent the importation of goods produced with forced labour. The action comes after the Office...
The UK government has announced a 20% reduction in business rates bills for pubs, social clubs and live music venues across England from April 2027, a move expected to benefit nearly 32,000 venues and save the typical pub an estimated GBP 1,100 in the next financial year. The measures, announced on 23 July by the...